Pompeo discusses cooperation over Iran with European counterparts

On Iran and Trump India Has Landed Between a Rock and a Hard Place

Iran's main trade partners are the United Arab Emirates and China, which account for 23.6% and 22.3% of the country's total trade, according to the European Commission.

On Tuesday, President Donald Trump announced that he was withdrawing the United States from the Joint Comprehensive Plan of Action (JCPOA), more commonly known as the "Iran Deal".

German Economy Minister Peter Altmaier said he would work with affected companies to try to "minimise the negative consequences" of the USA move, adding: "That means, it is concretely about damage limitation".

"I cannot talk about legal or economic guarantees but I can talk about serious, determined, immediate work from the European side", Mogherini said.

Iran's foreign minister arrived in Beijing Sunday, Iranian media said, on the first leg of a whirlwind diplomatic tour created to try and rescue the nuclear deal left on the brink of collapse after the USA pulled out. "We are on the right track. a lot will depend on what we can do in next few weeks", he said. That means that anyone, in any country, who does business with Seif or Tarzali could themselves be punished with sanctions, cutting them off from the US financial system.

Those impacts will only become apparent once America's partners give their own response to Trump's decision, and when details of how the USA measures are implemented are clear, the IG said.

Bolton said Sunday that it's "possible" that could include European companies that do business with Iran.

Germany, France and Britain were three of the six signatories to the 2015 pact which saw sanctions lifted in return for the commitment by Tehran not to acquire nuclear weapons.

A prominent Iranian cleric is threatening two Israeli cities with destruction if the Jewish state "acts foolishly" and retaliates against it again.

Since the deal took effect in 2016 major European firms have rushed to do billions of dollars' worth of business with Iran, and now thousands of jobs are at stake.

The moves come as Trump's administration, after deeming the 2015 nuclear deal insufficiently tough on Iran, seeks to construct a global coalition to place enough pressure on Tehran that it comes back to the negotiating table to strike a "better deal".

Trump’s policy might push Iran to conduct more ballistic missile tests. Credit Reuters

"I would like to point out that Russian Federation and other participants in the deal - China and the European countries - also have their legitimate interests enshrined in this agreement", he added.

In a 2016 meeting of the Council on Foreign Relation in Washington, Seif said Iran achieved "almost nothing" from the deal.

Zarif on Tuesday will meet with his counterparts from Germany, France and the United Kingdom in Brussels.

The International Atomic Energy Agency has stated that Iran has passed investigations, and this has been consistently verified and documented.

European commissioners will discuss sanctions-blocking measures on Wednesday, opening the way for European leaders to discuss the issue at a summit in Sofia later that day.

Now EU officials say they are revamping the statute to avoid the latest U.S. restrictions on firms doing business with Iran.

In an interview on CNN's State of the Union Sunday, Bolton was asked about his past hawkish comments on Iran in the wake of President Donald Trump pulling out of the Iran nuclear deal.

German Chancellor Angela Merkel said the U.S. decision to withdraw from the deal was a serious blow.

"It was never meant to be, and it never could have been, an agreement with Iran by which Iran would change its policy on Syria, on Iraq, or on Yemen".

Iranian President Hassan Rouhani is seen on Tuesday. European countries say Trump's decision will raise the risk of conflict in the region.

Their failure to convince President Trump will see the USA reimpose sanctions and put European businesses under pressure to wind up their links with the country. "We are going to work to stop that", he said. "We don't have much to threaten the Americans".

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